AXT INC — Director's Dealing 2025

Oct 22, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2025-10-20

Reporting Person: FISCHER GARY L (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-10-20	Common Stock	M	10280	$2.18	Acquired	528704	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-10-20	Stock Option (Right to Buy)	$2.18	M	10280	Disposed	2025-11-02	Common Stock (10280)	Direct

Footnotes

F1: Exercise of restricted stock awards which were originally granted on 11/2/2015 and became first exercisable on 11/2/2016.

F2: Exercise of restricted stock awards which were originally granted on 11/2/2015 and became first exercisable on 11/2/2016.